Cardano Integrates LayerZero Protocol and Gains Access to 150 Blockchains
With the integration of LayerZero, Cardano opens access to over 150 blockchains and $80 billion in liquidity, while LayerZero itself announces its own Layer-1 blockchain.
Cardano founder Charles Hoskinson confirmed the full implementation of the LayerZero protocol in the Cardano network at Consensus Hong Kong. Through the integration, Cardano gains direct access to more than 150 blockchains as well as liquidity totaling $80 billion [1].
A central component of the integration is the stablecoin USDCx, which is secured through zero-knowledge cryptography and aims to combine regulatory compliance with data privacy. Hoskinson described this as a fundamental transformation for the ecosystem [1].
Parallel to the Cardano integration, LayerZero announced the launch of its own Layer-1 blockchain called "Zero," which is positioned as the "first multicore world computer." The project criticizes the existing Ethereum rollup roadmap and instead focuses on horizontal scaling modeled after modern cloud architectures [1].
Institutional interest is already evident: Citadel Securities and Ark Invest have acquired ZRO tokens, following which the token gained over 20 percent. Simultaneously, the Midnight Foundation announced the mainnet launch of its privacy partner chain for March, which aims to make privacy regulatory compliant [1].
Sources
- [1]btc-echo.de
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